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If Trump wins, we could see a bull market.

  • Thread starter Thread starter Riberet19
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Riberet19

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If Donald Trump wins the election, we could see a bull market, as Donald Trump is claiming that he would help cryptocurrencies have their space in the U.S. economy, this could strongly boost cryptocurrencies, perhaps giving them the boost they need for a massive bull run.
 
Trump is opportunist. He once said Bitcoin is Ponzi and now seeing that a lot of people would support him for supporting Bitcoin, he is showing support. Most people know about this.
 
Nomad said:
Trump is opportunist. He once said Bitcoin is Ponzi and now seeing that a lot of people would support him for supporting Bitcoin, he is showing support. Most people know about this.
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Of course it is electoral propaganda, we know that, but if he wins, the market will act, because the market does not care if he was an opportunist or not, but will discount that Trump acts on them during his mandate, and then the market will correct if he will not act on and it was all a lie.
 
I think no matter whop wins, it will be always favorable for the crypto market, in terms of policy making. I believe the US is ready to accept crypto as a mainstream financial tool. This was proven by approving ethereum and bitcoin ETFs.
 
I really don't know, the Democratic party has been slowing down crypto adoption because of all those useless regulations that they've put in place, if you look at the crypto adoption curve, it's not increased at all, just prices did, but no new users are coming in, more regulation is less interest, and the Democratic party is a specialist in making draconian regulations.
 
In my opinion, he is just trying to make people from the crypto world loyal to him and also to get more money from them. Maybe he will keep his word and do what he promised, but mostly he did the opposite
 
Now that Trump has won and has been sworn in as the elected president of the united state, there hasn't being a major shift like in the market.
 
EMMANUEL said:
Now that Trump has won and has been sworn in as the elected president of the united state, there hasn't being a major shift like in the market.
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Do you not realize Bitcoin managed to cross $100K after Trump won the elections?
 
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